Premium office property in Amsterdam sold

Transaction | 2024-10-25

After 22 years of ownership, Deka Immobilien has successfully sold its prime office investment "Herengracht 531-537" in the historic Amsterdam canal belt. Built in the 17th century and adorned with an Art Nouveau façade by J.P.H. de Man in 1904, it boasts a rich history. It served as a population register until the 1990s and underwent extensive modernization in 2000, retaining its historical charm. The property offers 4,481 sqm of office space, 25 parking spaces – an exception for buildings of this type –and is fully leased to the traditional bank Insinger Gilissen.

The historic building is an architectural masterpiece that has shaped Amsterdam's skyline since 1903. It is listed as a municipal monument, combining high-quality office and archive spaces, thereby merging historical significance with modern office standards, making it an outstanding example of the symbiosis of tradition and innovation. 

The property is located in the most sought-after investment area in the center of Amsterdam and just a stone's throw from the vibrant Rembrandtplein. Surrounded by charming 17th-century houses, the area offers a lively mix of residential and commercial properties, cultural attractions, and shopping opportunities. 

The building has excellent transport links. Metro and tram lines are just a minute’s walk away, and Amsterdam Central Station is reachable within a 5-minute bike ride. Schiphol Airport is only 20 minutes away by car or public transport. 

With an Energy Performance Certificate of Class C, the building not only showcases historical charm but also demonstrates a commitment to sustainability.